Ravi Verma
26 August 2009 at 15:25

Sale of Assets

We have two units in Faridabad, one unit was sold (i.e., land and building) alongwith the plant and machinery, furniture and all the electric installation, under an Agreement. Stamp Duty was paid on the agreement.

I would like to know whether vat will be charged on the sale of plant and machiney, furniture and electric installation under Haryana VAT Act.

Also, whether the payment of stamp duty will have any impact on the vat payment

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Amit Khandelwal
26 August 2009 at 13:43

VAT on self consumption

pls note that we have a contract of construction a wall, rate inclusive of cement, now we are providing cement to the contractor and will recover the same from his bill.

we are manufacturer of cement.
my question is :

1.is this constite sale or self
consumption.
2.how we raise the bill/debit note to party
3. is vat would be applicabe on such bill or not

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Murtaza I Bhagat
23 August 2009 at 15:08

VAT System in GVAT

In Regular VAT under GVAT
What Kind of Records (Register)& VAT Information we have to maintain regularly for VAT Return & Verification.?

When VAT Department want to see the Records of the Party Gaining VAT Registration ?

Pls reply my query urgently

Thanks in advance

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CA. Vinod
10 August 2009 at 16:40

Registration

If a firm is rquire to get registration if it is doing 100% export?

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VIJAY KUMAR SHARDA
08 August 2009 at 19:07

REGISTRATION UNDER THE AP VAT ACT

AS PER THE AP VALUE ADDED TAX ACT 2005 LEAFLET 14 vide ITEM (1)(b) IF AN AGENT SELLS GOODS ON BEHALF OF THE AGRICULTURIST PRINCIPALS HE IS UNDER NO OBLIGATION TO OBTAIN REGISTRATION UNDER ACT. SUCH AGENTS USE TO MAINTAIN RECORDS IN FORM 521 AS PROVIDED IN RULE 34(1). IT WAS SUFFICIENT AS PER THE ACT. BUT AFTER THE ADDITION OF SUB SECTION 10(a) UNDER SECTION 4 VIDE ACT NO.28 OF 2008, WHAT IS THE POSITION OF AGENTS WHO SELLS GOODS ON BEHALF OF THE AGRICULTURIST PRINCIPALS. IS IT NECESSARY FOR SUCH AGENTS TO OBTAIN REGISTRATION UNDER THE AP VAT ACT 2005?

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rajesh
03 August 2009 at 14:13

VAT IS WHICH RELATED ITEM

DEAR SIT/MADAM

1. VAT IS POSTED IN P&L A/C OR B.S.

2. AN ASSET PURCHASED VAT DEALER BUT SAME ASSET WAS SOLD NOT VAT DEALER AT THIS TIME WE COLLECT VAT WHO IS STOCK PURCHASE US

IWANT FULL DEATILS OF VAT PLEASE ANY MATERIAL

THANKS IN ADVANCE

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rajesh
03 August 2009 at 14:09

Applicability of VAT to job work

One of my client is running teaching institute for technical students. They are providing services to their clients by providing job work. My client wants to raise invoice for job work.
My query is whether VAT is applicable on job work. and if yes what is to be written on invoice.
thanks

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Ravi

We are the exporter and we purchased a machinery for 120000/- and Vat amount is 15000/- from delhi dealer can we take the credit in dvat return if "yes" Please tell us the percentage.

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Neeraj Sharma
29 July 2009 at 10:55

Stock Transfer Return

can i return the stock material retun which recived our H.O. Through form F with in six month, acording to Uttaranchal Vat rules.

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R.ARUN

We have head office @ Mysore (karnataka State) and sending goods through the stock transfer to our various branches located @ outside the karnataka against Form 'F'.

Now my question is should we issue the form 'F' to our branches having receipt of the defective or rejected material received out of the stock transfer sent to them against form 'F'?

Kindly reply.

Regards/arun.

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